Wellness and Longevity-Inspired Crown Jewel Penthouse at Rivage Bal Harbour Revealed For $75 Million

A new, and final, oceanfront estate-style penthouse is up for grabs for $75 million at Rivage Bal Harbour, a 25-story, 56-residence tower developed by Related Group, Rockpoint, and Two Roads Development.

A standout feature is its dedicated "Longevity Suite"— an in-home wellness wing anchored by an “Ammortal Chamber” and hyperbaric chamber, alongside a sauna, steam room, circadian lighting throughout the residence, advanced air and water purification systems, sleep-optimized bedrooms and more.

The Ammortal Chamber is already used by organizations like the Denver Broncos and hospitality brands including Proper Hotels. It combines red-light therapy, PEMF, molecular hydrogen and guided meditation into a single session designed to support recovery, reduce stress and promote overall vitality. Paired with the hyperbaric chamber, the home offers the kind of recovery and longevity setup that's typically only found in specialized wellness clinics.

The residence itself spans more than 10,000 air-conditioned square feet with five bedrooms, six bathrooms and three powder rooms across Rivage's top floors, boasting matching terraces overlooking the Atlantic, Biscayne Bay and the Miami skyline. There's another 10,000+ square feet of private outdoor space, including an oceanfront plunge pool, hot and cold tubs, outdoor kitchens and multiple entertaining areas.

As the first new ultra-luxury condo tower in the exclusive Village of Bal Harbour in more than a decade, Rivage is nestled between the Intracoastal Waterway and 200 feet of uninterrupted oceanfront, immersing residents in Miami Beach’s breathtaking natural beauty. Comprising just 56 sky villas, the boutique condominium features world-class designs by the award-winning architects Skidmore, Owings & Merrill (SOM) and interior design firm Rottet Studio. Each residence reflects organic influences, with open-concept layouts that flow seamlessly into expansive living areas and oversized terraces with unobstructed views of the Atlantic Ocean and Biscayne Bay. Designed to provide a single-family home experience, the residences start from 3,300 and include both in-unit elevator access and private parking garages. Sales and marketing for Rivage Bal Harbour is exclusively overseen by Douglas Elliman Development Marketing (DEDM).

A focus on wellness connects the more than 25,000 square feet of on-site amenities, including a state-of-the-art fitness pavilion with panoramic views; a hammam spa complete with hot/cold plunge pools and private treatment rooms; and pickle and paddle ball courts surrounded by lush landscapes designed by Swiss design firm Enea Landscape. Residents and guests can also unwind with relaxed options, from private, chef-driven food and a cocktail lounge to a VR game simulator and a kids' playroom. Resort-style services, including a 24/7 residential butler and dedicated lifestyle concierge, round out the package and ensure all residents’ needs are met.

The Village of Bal Harbour has been an enclave for the elite since its establishment in 1929. Located between iconic South Beach and Sunny Isles, the waterfront community has long been a favorite for snowbirds, offering easy access to the world-famous Bal Harbour Shops as well as the very best of South Florida.

Renderings via visualisation.one

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13th Floor Investments and Rockpoint Lock Down $100 Million in Construction Financing For Link at Boca Transit-Oriented Multifamily in Boca Raton

A joint venture between South Florida-based developer 13th Floor Investments and Boston-based Rockpoint has secured $100 million in construction financing from Santander Bank to develop Link at Boca, an eight-story transit-oriented multifamily community adjacent to the Boca Raton Tri Rail Station. As part of a public-private partnership with the South Florida Regional Transportation Authority (SFRTA), the mixed-use development will deliver 340 market-rate and workforce apartments and 24,000 square feet of lifestyle-focused retail space.

Located at 680 West Yamato Road, adjacent to the Boca Raton Tri-Rail Station, the eight-story transit-oriented development will feature a mix of 340 apartments along with approximately 24,000 square feet of lifestyle-focused retail space on the ground floor serving residents, transit-riders, and the surrounding Boca Raton community.

With groundbreaking scheduled to take place in February, the development is designed to create a walkable station district that strengthens connectivity and daily access to transit.

“Partnering with Rockpoint and securing this financing marks an important milestone for Link at Boca and reflects confidence in both the project and the long-term fundamentals of transit-oriented development in Boca Raton,” said Daryl Shevin, Chief Financial Officer, Principal of 13th Floor Investments. “Through this well-capitalized joint venture, we’re looking forward to breaking ground and delivering a thoughtfully designed, mixed-use community that enhances connectivity and everyday life around the Tri-Rail station.”

Link at Boca marks 13th Floor Investments’ third Link branded transit-oriented development, following the continued expansion of Link at Douglas in Miami and the planned Link at SoMi near the South Miami Metrorail Station. The project builds on the firm’s growing pipeline of mixed-use and transit-connected communities across South Florida.

“Link at Boca is an opportunity for Rockpoint to expand on its strong existing presence in South Florida, and we’re excited to partner with 13th Floor Investments to develop the property,” said Dan Domb, a Managing Member and COO at Rockpoint. “Boca Raton stands out as a highly attractive, economically resilient submarket within the greater Palm Beach market and the team at 13th Floor Investments shares our conviction in the market’s solid multifamily fundamentals given durable demand and supply constraints.”

The community will include a mix of studio, one-, two-, and three-bedroom apartments ranging from approximately 600 to 1,300 square feet, featuring custom cabinetry, quartz countertops and backsplashes, luxury vinyl tile flooring, floor-to-ceiling windows, in-unit washers and dryers, and expansive balconies. Amenities will include a resort-style pool deck, a social lounge and bar, coworking spaces and private offices, a yoga studio, kids’ room, golf and virtual reality simulation room, sauna, and outdoor game area. The project will also include a 650-space parking garage for residents, retail visitors, and Tri-Rail users, enhancing overall connectivity.

Comras Company is leading retail leasing for the development, which is designed to serve residents, transit riders and the wider community with a curated mix including innovative food and beverage concepts, from fast-casual to sit-down dining, as well as wellness and lifestyle-oriented offerings. Available spaces range from approximately 1,300 to 6,000 square feet, with opportunities for outdoor seating that seamlessly integrates with the surrounding plaza and promenade. The pedestrian-friendly design features wide sidewalks, bike paths, tree-lined canopies, landscaped courtyards, and water fountains reminiscent of Mizner Park all woven into a lush, walkable environment that encourages community gathering and vibrant street-level activation.

Located off Yamato Road and adjacent to I-95 and the El Rio Trail, a major recreational amenity and exercise corridor, Link at Boca is situated in the heart of Boca Raton. The project is just minutes from the Boca Raton Innovation Center (BRIC), Boca Raton Public Library, nearby preserves, fitness options, retail centers, and is conveniently north of Florida Atlantic University and Boca Raton Airport. This prime location underscores Link at Boca as one of the most connected and amenity-rich residential and retail hubs in the region.

Rockpoint, along with its predecessor firm, has a longstanding history of investing in the residential sector and has closed on or committed to 140 residential investments since 1995, comprising more than 97,000 multifamily units. The Link at Boca is representative of Rockpoint’s commitment to providing best-in-class products.

Since its founding in 2008, 13th Floor Investments has completed more than 4,700 residential units across South Florida, with a robust pipeline of over 7,100 units in development and under construction slated to be delivered over the next few years. Today, the firm is focused on the development of luxury condominium and mixed-use multifamily developments, growing the firm’s industrial portfolio, and expanding its single-family homebuilding business, 13th Floor Homes.

With extensive experience in the development of transit-oriented developments across South Florida, Link at Boca marks 13th Floor’s third Link branded transit-oriented development. The firm recently broke ground on Phase Two of Link at Douglas, advancing the next stage of the 7-acre mixed-use community connected to Miami-Dade’s Douglas Road Metrorail Station, which will introduce additional residential units, neighborhood retail, and enhanced public spaces that build on the success of the project’s completed first phase. The firm also has plans to develop Link at SoMi, a multifamily community adjacent to the South Miami Metrorail Station that emphasizes walkable design and urban living near major employment and education hubs.

Renderings via 13th Floor Investments

Past PROFILEmiami articles about Link at Boca:

Rivage Bal Harbour Reveals Its $75 Million 'Mansion in the Sky' Penthouse Collection

Real estate developers Related Group, Rockpoint and Two Roads Development have revealed the ultra-luxury penthouse collection at Rivage Residences Bal Harbour, the first new residential development in over a decade in the exclusive Bal Harbour enclave of Miami Beach.

The three penthouses, priced between $40 million to $75 million, offer a truly opulent living experience, often referred to as a "mansion in the sky." The Ocean Penthouse, spanning over 19,000 square feet and priced at $75 million, boasts breathtaking views of the Biscayne Bay, Miami skyline, and the Atlantic Ocean. The Bay Penthouse, 16,130 square feet for $60 million, offers similarly stunning vistas. The Lower Penthouse, 9,015 square feet for $40 million, also provides a luxurious living space.

These upper penthouses occupy floors 22-25 and feature expansive terraces spanning over 6,000 square feet. These outdoor spaces come equipped with private pools, open-air kitchens, fire pits, and multiple lounge and dining areas for an alfresco-inspired living experience. Additionally, residents will have access to private fitness studios and elevators.

Designed by the renowned architectural firm Skidmore, Owings & Merrill (SOM) in a tropical modernist style, the penthouses at Rivage Residences Bal Harbour offer unmatched luxury living. Residents will also be able to enjoy a myriad of amenities at Rivage, including pools for sunrise and sunset, a fitness center, spa facilities, cabanas, pickleball and padel courts, a theater, business center, library, cocktail lounge, exclusive dining options, dog park, VR golf simulator, and children's playroom.

The unveiling of these penthouses has created quite a buzz in the real estate market, attracting attention from affluent buyers looking for a luxurious and exclusive living experience in Miami Beach's coveted Bal Harbour enclave. With its prime location, stunning views, and unparalleled amenities, Rivage Residences Bal Harbour has truly set a new standard for luxury living in the area.

Renderings via MetaOriginal

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Related Group, Rockpoint and Two Roads Development Secure $424 Million Construction Loan For Rivage Residences Bay Harbour

Related Group (Related), Rockpoint, and Two Roads Development have closed on $424 million in financing for the construction of Rivage Residences Bal Harbour (Rivage). The loan was provided by TYKO Capital, a multi-billion-dollar commercial real estate investment management platform led by Adi Chugh.

As the first new ultra-luxury condo tower in the exclusive Village of Bal Harbour in more than a decade, Rivage has seen robust demand since its unveiling in January of 2023. The strong sales pace has resulted in more than $100 million in sales over the last 60 days. Construction began in September 2024, with delivery expected for 2027.

“We envisioned Rivage as an unparalleled jewel of luxury and service, surpassing even the most prestigious residential offerings in this iconic community,” said Nick Pérez, President of Condominium Development at Related. “With TYKO’s invaluable support, we are poised to bring that vision to life, once again setting a new standard in one of the world’s most competitive real estate markets.”

“We welcome the opportunity to have the TYKO team work alongside Related, Rockpoint and Two Roads to bring Rivage to Bal Harbour,” said Dan Domb, Managing Member at Rockpoint. “With construction and sales both well underway, we look forward to delivering this unique luxury residential property in the supply-constrained greater Miami market.”

Rivage is nestled between the Intracoastal Waterway and 200 feet of uninterrupted oceanfront, immersing residents in Miami Beach’s breathtaking natural beauty. Comprising just 56 sky villas, the boutique condominium features world-class designs by the award-winning architects Skidmore, Owings & Merrill (SOM) and interior design firm Rottet Studio. Each residence reflects organic influences, with open-concept layouts that flow seamlessly into expansive living areas and oversized terraces with unobstructed views of the Atlantic Ocean and Biscayne Bay. Designed to provide a single-family home experience, the residences range from 3,300 to nearly 13,000 square feet and include both in-unit elevator access and private parking garages. Sales and marketing for Rivage Bal Harbour is exclusively overseen by Douglas Elliman Development Marketing (DEDM).

A focus on wellness connects the more than 25,000 square feet of on-site amenities, including a state-of-the-art fitness pavilion with panoramic views; a hammam spa complete with hot/cold plunge pools and private treatment rooms; and pickle and paddle ball courts surrounded by lush landscapes designed by Swiss design firm Enea Landscape. Residents and guests can also unwind with relaxed options, from private, chef-driven food and a cocktail lounge to a VR game simulator and a kids' playroom. Resort-style services, including a 24/7 residential butler and dedicated lifestyle concierge, round out the package and ensure all residents’ needs are met.

“Rivage Bal Harbour is destined to become a landmark in luxury, a place where exceptional design and prime location meet,” said Taylor Collins, Managing Partner at Two Roads. “With this development, we’re raising the bar for what high-end living can be in South Florida, and we’re looking forward to delivering a property that residents will cherish and celebrate.”

“This relationship represents not just a financial backing, but a shared commitment to creating a residential experience that exceeds even the highest standards,” says Adi Chugh, Founder and CEO of TYKO Capital. “It’s a pleasure to join such an exceptional project team. We’re excited to bring this once-in-a-lifetime development to life and to witness how it will elevate Bal Harbour to even greater prestige.”

The Village of Bal Harbour has been an enclave for the elite since its establishment in 1929. Located between iconic South Beach and Sunny Isles, the waterfront community has long been a favorite for snowbirds, offering easy access to the world-famous Bal Harbour Shops as well as the very best of South Florida.

Renderings via ARX Creative

For more information about Rivage Bal Harbour or to inquire about purchasing a unit please fill out the form below:

Construction Begins on Ultra-Luxury Rivage Bal Harbour Condominium Development

Construction has officially begun on Rivage Bal Harbour, a new ultra-luxury condominium project located in one of South Florida’s most exclusive communities. The project is a collaboration between Related Group, Rockpoint, and Two Roads Development, with architecture by the renowned firm Skidmore, Owings & Merrill (SOM) and interiors designed by Rottet Studio.

Set between the Intracoastal Waterway and 200 feet of oceanfront, the development will offer 56 high-end residences, designed to blend modern luxury with South Florida’s natural beauty. The homes, referred to as “sky villas,” will range from 3,300 to nearly 13,000 square feet, providing features akin to a single-family home, including in-unit elevator access and private parking garages. Each residence will also have expansive terraces offering direct views of the ocean and Biscayne Bay.

The design incorporates open-concept floor plans, with custom kitchens featuring Sub-Zero and Wolf appliances and high-end Italian finishes in bathrooms and closets. The development aims to appeal to luxury buyers seeking an elevated living experience in Bal Harbour, a community known for its exclusivity and proximity to the Bal Harbour Shops.

Amenities at Rivage are extensive, with over 25,000 square feet dedicated to wellness and recreation. These include a fitness pavilion, hammam spa with hot/cold plunge pools, private treatment rooms, and outdoor pickle and paddle ball courts. For more relaxed pursuits, residents will have access to private dining services, a cocktail lounge, a VR game simulator, and a kids’ playroom. In addition, resort-style services such as a 24/7 residential butler and concierge will be available.

The project is expected to be completed in 2027, with construction managed by Coastal Construction Group. According to the development team, Rivage aims to offer an exclusive residential option in the supply-constrained Miami market, meeting growing demand for high-end properties in the region.

Douglas Elliman Development Marketing (DEDM) is handling the sales for Rivage Bal Harbour, which is positioned to attract buyers seeking luxury living in one of South Florida’s most sought-after locales.

“Bal Harbour is undeniably one of South Florida’s most iconic neighborhoods, and this property will raise its profile even higher,” said Jon Paul Pérez, Related’s President. “With a once-in-a-generation location, stunning design and five-star service, Rivage offers a rare opportunity for the world’s most elite buyers. We are proud to begin construction on a property that not only honors Bal Harbour’s glamorous history but also delivers an unparalleled living experience.”

Since its founding in 1929, Bal Harbour has been a favored destination for affluent residents and visitors, offering close proximity to Miami Beach’s cultural landmarks while maintaining a reputation for privacy and exclusivity.

Penthouse At Rivage Bal Harbour Hits The Market For $75 Million

A stunning ultra-luxe penthouse has recently hit the market at Rivage Bal Harbour for $75 million, setting the one-of-a-kind unit as one of the most expensive listings in Miami. Rivage Bal Harbour is a 54-unit luxury oceanfront condominium being developed by Related Group, Two Roads Development, and Rockpoint and is one of the neighborhood's first new developments in 20 years.

The penthouse offers 5 bedrooms, 7 bathrooms, and 3 powder rooms, spanning a total of 17,521 SF. The interior measures 12,603 SF, while the exterior offers 4,918 SF of space. Unique features of this penthouse include a multi-level terrace, private outdoor pool, media room, game room, library/lounge, fitness studio, outdoor kitchen, and a private elevator.

Residents of Rivage Bal Harbour will have access to a private beachfront enclave and a wide range of resort-style amenities. The development offers 25,000 SF of exceptional amenities, including a luxury spa, fitness pavilion with ocean views, game rooms, multiple lounges, and a world-class restaurant overlooking the beach and ocean.

Some of the key amenities at Rivage Bal Harbour include signature oceanfront dining experience exclusively for residents and their guests; curated social spaces such as media room, library, breakfast bar, and cocktail lounge, activities deck with resort-style pools, outdoor spa, sunbeds, cabanas, poolside food and beverage service, pickleball and padel courts; Rivage spa with sauna, hammam, hot and cold plunge pools, and private treatment rooms; fully serviced beach club; state-of-the-art fitness center with high-impact training room and yoga studio; virtual reality game simulator, imaginative children's playroom, and bicycle storage.

Service amenities at Rivage Bal Harbour include a residential butler and estate manager to facilitate deliveries, errands, and in-residence services such as personal chef services, shopping, medical concierge, housekeeping, laundry/dry cleaning, and maintenance. Additional services include in-residence dining and catering, 24-hour security and valet services, a house car, on-site general manager, and a mailroom with secure package technology.

For those interested in this exclusive penthouse, a unique sales experience utilizing Fortnite technology is available for ultra-realistic virtual reality tours. This cutting-edge technology allows buyers to explore and share tours via a link, with instantly interchangeable finishes to explore various possibilities.

Bal Harbour has been an elite enclave since its inception in 1929, offering one of the most sophisticated and culturally rich versions of South Florida's glamorous lifestyle. With its luxurious amenities and unparalleled features, the $75 million penthouse at Rivage Bal Harbour truly embodies the epitome of luxury living in Miami.

Renderings via Meta Original

For more information about Rivage Bal Harbour or to inquire about purchasing a unit please fill out the form below:

Mast Capital and Rockpoint Top Off Multi-Family Development At Gateway To Miami Beach

As the appetite for apartment living in Miami Beach continues to soar, Mast Capital, a Miami-based development firm led by Camilo Miguel, Jr., in partnership with Boston-based real estate private equity firm Rockpoint, have topped off construction on its newest luxury rental community on Alton Road. The nine-story, multifamily development, comprising of 178 units, is located at 3900 Alton Road and will serve as a gateway to the Mid-Beach neighborhood with convenient access to the Julia Tuttle Causeway.

Mast Capital and Rockpoint secured a $64 million construction loan from PNC Bank in November 2022 and broke ground on the development earlier this year. The project is slated to deliver the first units in Fall 2024.

“As we reach this major construction milestone, we are one step closer to delivering our newest rental community located on Miami Beach’s Alton Road corridor,” said Camilo Miguel Jr., CEO and Founder of Mast Capital. “Given the lack of available land in Miami Beach and the land trade value, most new developments in prime locations on Miami Beach consist of for-sale product. With this luxury multi-family project, we have an opportunity to meet the pent-up demand for a highly amenitized and professionally managed rental community in one of South Florida’s most sought-after neighborhoods.”

Designed by award-winning global architecture firm Arquitectonica, the upscale property will consist of 178 apartments, spanning studios to three-bedroom units. The residences will range in size from 560 square feet to 1,410 square feet and will feature luxury design elements including Italian cabinetry, porcelain flooring, floor-to-ceiling glazing, and wrap-around balconies with glass railings. The development will also incorporate high-end, lifestyle-driven amenities for residents, including an elevated pool deck with bay views, a BBQ area, an outdoor gaming area, fitness and yoga studios, a resident lounge, co-working spaces, and a pet washing station.

“We are pleased to near the completion of this important development site and look forward to helping meet the significant demand for high-quality rental units in the Miami Beach submarket, which continues to exhibit low vacancies and strong rental growth,” said Dan Domb, Managing Member at Rockpoint. “This investment reflects our acquisition and development strategy for multifamily residential properties in the desirable and supply-constrained South Florida housing market. We are eager to continue our strong partnership with the team at Mast Capital and benefit from its established residential development expertise.”

Mast Capital has emerged as one of Florida’s most active real estate development and investment firms, with a diverse portfolio of residential and commercial properties throughout the region. The firm continues to expand its portfolio, with acquisitions representing over $3.5 billion in total project capitalization. These investments include new-build development of over 4,000 residential units across South Florida, and the Fort Myers and Tampa metro areas.

Mast Capital Breaks Ground on Arquitectonica-Designed Luxury Multifamily Development At Entry To Miami Beach

As demand for apartment living in Miami Beach continues to reach record levels, Mast Capital, led by Camilo Miguel Jr., in partnership with Rockpoint, have launched its latest multifamily community set to transform the entry to Miami Beach at the intersection of the Julia Tuttle Causeway and Alton Road. Mast Capital and Rockpoint plan to develop a nine-story multifamily development with 178 units, located just off the Julia Tuttle Causeway at 3900 Alton Road where an aging apartment building has stood. The partnership secured a $64 million construction loan from PNC Bank in November 2022. The project broke ground last month and is estimated to open for Fall 2024.

Designed by Arquitectonica, the upscale apartment community will consist of 178 units, ranging from studios to three-bedroom units. The residences will range in size from 560 square feet to 1,410 square feet and will feature luxury design elements including Italian cabinetry, porcelain flooring throughout, floor-to-ceiling glazing, and wrap-around balconies with glass railings. The development will also incorporate high-end, lifestyle-driven amenities for residents, including an elevated pool deck, BBQ area, outdoor gaming area, fitness and yoga studio, resident lounge, co-working spaces, and pet washing station.

“Miami Beach rental housing is experiencing strong demand on the back of more individuals and companies relocating to the region, drawn to the state’s business-friendly environment and desirable lifestyle,” said Camilo Miguel, Jr., Founder and CEO of Mast Capital. “This project will have unique positioning as one of the few luxury for-rent projects in the Miami Beach market, one of South Florida’s hottest residential markets.”

Mast Capital has emerged as one of South Florida’s most active real estate development and investment firms today, with acquisitions since December 2020 representing over $3.5 billion in total project capitalization. These investments include new-build development of 2,300 residential units, ranging from suburban and urban apartment communities to ultra-luxury condominiums, in Miami’s Brickell Financial District, Miami Beach, Palm Beach County, Fort Myers, and the Tampa metro area.

Rockpoint, headquartered in Boston, employs a fundamental value approach to investing and targets select product types located in markets in the United States. Over its 28-year history, the firm’s co-founders with others have raised approximately $29 billion in capital commitments through Rockpoint and a predecessor firm. As of September 30, 2022, Rockpoint’s investment team with others has invested or committed to invest in 498 transactions with a total peak capitalization of approximately $80 billion.

Related Group, Two Roads Development and Rockpoint Reveal Rivage, Bal Harbour's First New Condo In Over A Decade

Industry leaders Related Group (Related), Two Roads Development and Rockpoint have revealed Rivage Bal Harbour (Rivage), a rare condominium property located in one of South Florida’s most exclusive enclaves. Made up of only 61 sky villas, the oceanfront development boasts an all-star design team, with Skidmore, Owings & Merrill (SOM) and Rottet Studio leading architecture and interior designs, respectively. Douglas Elliman Development Marketing (DEDM) is the property’s exclusive sales partner; Pablo Alfaro will serve as sales director with Ruthie and Ethan Assouline.

“Bal Harbour is one of South Florida’s most special neighborhoods and an area we’ve wanted to build in for many years,” says Jon Paul Pérez, Related’s President. “Everything is in place to make this a truly once-in-a-generation project, from the site, to the team, to the general scarcity of newly constructed high-end supply in this neighborhood. Together with our partners, we look forward to delivering a property that honors Bal Harbour’s glamorous history while helping shape its future.”

Nestled between the glistening waters of the intracoastal waterway and 200 feet of uninterrupted oceanfront, Rivage immerses residents in South Florida’s breathtaking natural beauty. Employing a Tropical Modern aesthetic, SOM forgoes rigid lines in favor of flowing, natural shapes and seamless indoor-outdoor spaces. The property’s main 275-foot tower is itself a love letter to the sea and sky, with its three interconnecting glass ovals evoking a crystalline coral reef while allowing for maximum water views.

The tower’s amenity package is equally thoughtful, offering services and activities on-par with even the most elevated resorts. A focus on wellness connects the more than 25,000 square feet of on-site offerings, with highlights including a state-of-the-art fitness pavilion with panoramic views, a hammam spa, complete with hot/cold plunge pools, and private treatment rooms, pickle and paddle ball courts surrounded by lush landscapes designed by Swiss design firm Enea Garden Design. Residents and guests will also enjoy more laid-back options, including a private, chef-driven food and beverage services and cocktail lounge, VR game simulator and kids’ playroom. Resort-style services, including a 24/7 residential butler and dedicated lifestyle concierge, round out the package and ensure all residents’ whims are met.

The organic influences are clearly evident across Rivage’s 61 homes, with the flowing, open-concept plans carefully tuned to accentuate the awe-inspiring vistas. Designed to provide a single-family home experience, the residences range from 3,300 to nearly 13,000 square feet and offer in-unit elevator access and a private parking garage with each unit. Residents will also enjoy custom kitchens with Sub-Zero and Wolf appliances, as well as bathrooms and closets designed by Rottet Studio with imported Italian finishes. The mansion-in-the-sky feel is furthered by the sprawling living rooms opening up to oversized terraces with direct views of the sea and nearby Biscayne Bay.

“Every single one of our decisions is geared towards providing a marquee experience,” says Taylor Collins, Managing Partner at Two Roads. “While our buyers can certainly purchase just about anywhere in the world, we are confident they will only want to buy at Rivage. We are raising Bal Harbour’s already lofty pedigree and, in the process, establishing a new standard for condominium living.”

The neighborhood of Bal Harbour has been an enclave for the elite since its establishment in 1929. Located between iconic South Beach and Sunny Isles, Bal Harbour has long been a snowbird favorite, offering easy access to the world-famous Bal Harbour Shops as well as the very best South Florida has to offer.

Joint Venture Led By Tricera Capital Acquires One Clearlake Centre Office Tower In West Palm Beach For $60.7 Million

A joint venture between Scott Sherman’s Tricera Capital, NDT Development, New England Development and Rockpoint Group have acquired the One Clearlake Centre office tower in West Palm Beach for $60.7 million. The seller was a joint venture between the Dallas-based real estate investment firm Velocis and CREC who had initially acquired the property in 2017 for $42.3 million. The property was 62% leased at the time of sale and the transaction was overseen by JLL. Tenants include Intech Investment Management, Coastal Wealth, Truist Financial, KRES Commercial, Northwestern Mutual and Day Pitney.

One Clearlake Centre was developed in 1986 on a 3-acre site at 250 South Australian Avenue. The building rises 18-stories and spans 221,079 SF of rentable space with a 669-space parking garage. One Clearlake Centre was renovated in 2019 and features tenant amenities a gym, lounge and cafe.

The West Palm Beach office market has seen quite a bit of movement recently. In January 2021 the New York-based Related Companies acquired the Phillips Point office complex in West Palm Beach for roughly $282 million and in May 2021 acquired CityPlace Tower for $175 million. In June Related Companies also acquired a 50% stake in the Esperanté Corporate Center from the New York-based RedSky Capital, the London-based JZ Capital Partners owns the remaining 50%.

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